3 June 2019
Paris La Défense, France
Thales finalizes the integration of Gemalto bond financing
Following the successful completion of its public offering on Gemalto NV,
Thales (Euronext Paris: HO) holds 97.02% of Gemalto's shares. As part of the
Gemalto integration process, Thales and Gemalto have conducted a consent
solicitation on the EUR 400 million bond issued by Gemalto and maturing in
The intention was to substitute Thales for Gemalto as debtor and to align the
terms of the bond with the most recent and existing listed Thales bonds.
The bondholders' meeting convened today approved an extraordinary resolution
validating the terms of the consent solicitation.
Following the early prepayment of all outstanding Gemalto US private placements
on 13 May 2019, this step marks the completion of Thales's integration of
Gemalto bond financing.
The people who make the world go round - they rely on Thales. Our customers
come to us with big ambitions: to make life better, to keep us safer.
Combining a unique diversity of expertise, talents and cultures, our architects
design and deliver extraordinary high technology solutions. Solutions that make
tomorrow possible, today. From the bottom of the oceans to the depths of space
and cyberspace, we help our customers think smarter and act faster, mastering
ever greater complexity at every decisive moment along the way.
With 80,000 employees in 68 countries, Thales reported sales of EUR19 billion